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    11 GP sponsorships breach internal guidelines: Telenor

    Staff Correspondent | Updated at 01:43am on December 15, 2016

    The country’s leading mobile phone company Grameenphone has violated internal guidelines set by its parent company Telenor in awarding 11 sponsorships to public entities and others during 2013 to 2016, said Norway-based Telenor...

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    SWIFT confirms new cyber thefts, hacking tactics

    Reuters | Updated at 11:27am on December 13, 2016

    Cyber attacks targeting the global bank transfer system have succeeded in stealing funds since February’s heist of $81 million from the Bangladesh central bank...

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    Coca-Cola’s Kinley hits B’desh drinking water market

    Staff Correspondent | Updated at 02:37am on December 13, 2016

    US-based Coca-Cola, a multinational soft drinks maker, on Monday launched Kinley, its packaged drinking water brand, in Bangladesh...

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    Dhaka stocks rebound in volatile trading

    Staff Correspondent | Updated at 02:36am on December 13, 2016

    Dhaka stocks returned to the positive zone in volatile trading on Monday as investors were sceptical about the market direction in early trading but regained some confidence in late hours....

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    Govt, ILO, EU sign new skills dev scheme for workers

    Staff Correspondent | Updated at 02:32am on December 13, 2016

    Bangladesh government, International Labour Organisation and European Union on Monday signed a joint declaration of launching a project named ‘Skills 21’ with the aim of developing a skills training module of international standards in line with the demand of global labour market...

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    BTRC likely to launch QoS drive on telcos early next year

    Staff Correspondent | Updated at 02:30am on December 13, 2016

    The Bangladesh Telecommunication Regulatory Commission is planning to launch a drive against mobile phone operators’ quality of service early next year after the poor service quality issue came up in a recent public hearing...

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    BB asks 30 banks to reduce defaulted loans by Dec 31

    Staff Correspondent | Updated at 02:27am on December 13, 2016

    Bangladesh Bank has asked 30 scheduled banks to take initiative to reduce their defaulted loans by December 31 as their non-performing loans increased significantly in the third quarter (July-September) compared with that of the previous quarter...

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    Border haat tenure raised to 5 years

    Staff Correspondent | Updated at 02:25am on December 13, 2016

    The Cabinet on Monday approved the draft of the agreements for operation of haats on Bangladesh-India border by extending the tenure of such markets to five years from the existing three years...

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    Mandatory e-export process from Dec 26

    Jasim Uddin | Updated at 02:14am on December 13, 2016

    The National Board of Revenue is going to make the electronic export mechanism, also known as e-EXP, mandatory for all exporters from December...

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    China in battle over market economy status

    Agence France-Presse . Beijing | Updated at 10:52pm on December 11, 2016

    China’s battle for recognition as a market economy that would help it avoid penalties from key trade partners has been thwarted, as a key clause in Beijing’s deal to join the WTO expires Sunday...